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Wednesday, January 14, 2009

Rural and Urban Hospice Financial Comparisons

If I asked you which hospices, rural or urban, face the most financial disadvantages, which would you say? According to reported research in the “Journal of Pain Symptom Management,” rural hospices fare no worse financially than urban hospices, at least in California.

In the California study, 144 hospices were urban and 44 were rural. Adjustments were made in financial performance factors such as size, years of operation, profits, insured patients, etc. Compared with urban hospices, rural hospices were at least as profitable per patient-day, and they were determined to be “significantly” more profitable than urban hospices when charitable donations were excluded. This study concluded that rural hospices fared no worse financially than urban hospices. These results indicate a need to look further into comparisons of rural and urban hospices on a national level. If any of you have reasons to disagree with or support these results, please let me know.

You can read more details about this study here.

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Frances Shani Parker, Author
"Becoming Dead Right: A Hospice Volunteer in Urban Nursing Homes”
“Hospice and Nursing Homes Blog”

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